This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom apartment of 86 m², built in 1982, energy rating D. Located on rua Paulo Dias de Novais, Marvila parish, Lisbon municipality, Lisbon district. Noteworthy Features: This property includes a convenient storage room on the ground floor, enhancing its functionality for residents or investors. The conversion from T3 to T4 presents versatile living options.
The valuation. The asking price of €480,000 is significantly below the fair value of €626,485, indicating a discount of €146,485 (30.5%). Verdict: underpriced.
Fair value modelled at €626,485 from the area baseline, adjusted for condition and location. Asking €480,000 sits €146,485 (30.5%) below — the upside to fair value.
Asking €480,000 versus the rua Paulo Dias de Novais area baseline of €586,950 (€6,825/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 53 · Materials 60 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 83 · Amenities 75 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Paulo Dias de Novais
Area baseline €586,950 + condition -€26,203 + location +€65,738 = modelled fair value of €626,485 (€7,285/m²), a €146,485 (30.5%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Paulo Dias de Novais | Subject | €480,000 | €5,581 | — | 53 | 78 |
| Olivais · 090193 | Active | €399,000 | €4,483 | 19.7% | — | 73 |
| rua Norte Júnior, 232 | Active | €360,000 | €3,243 | 41.9% | 55 | 78 |
| rua do Vale Formoso de Cima | Active | €380,000 | €4,130 | 26.0% | 42 | 79 |
| Penha de França · 1e6429 | Active | €535,000 | €4,350 | 22.1% | — | 82 |
| Median comp | €389,500 | €4,240 | 24.0% | 49 | 79 |
Long-term rental The property in Marvila presents an attractive opportunity for long-term rental, with a fair value indicating a significant 30.5% gap compared to the listing price. Given the gross yield of 3% and the area's positive tenant quality, this investment aligns well with steady rental demand in suburban Lisbon. Family rental Marvila's favorable neighborhood score of 78/100 and solid school resources make it an ideal location for family rentals, enhancing tenant appeal. The property’s fair value assessment suggests it can generate stable income against a backdrop of strong housing demand. Buy-and-hold With the property listed at €480,000, the substantial gap to its fair value of €626,485 indicates a favorable scenario for a buy-and-hold strategy. Over time, appreciation in value is likely, supported by the stable economic environment and amenities available in suburban Lisbon.
Tenant Default Risk Given the tenant stability score of 70/100, there is a significant risk of tenant default in the future, which may impact cash flow.
